Answer :
Final answer:
The Perfect Tender Rule does not apply to installment contracts, and a buyer may only reject an installment if there is a material defect in any installment, not for minor defects or late delivery. Therefore, the correct answer is c) A material defect in any installment.
Explanation:
The Perfect Tender Rule is a legal concept within the Uniform Commercial Code (UCC) that typically requires sellers to deliver goods to buyers exactly as specified in the contract, without deviations or defects. However, this rule does not apply to installment contracts, making it more difficult for the buyer to reject the goods.
The Perfect Tender Rule does not apply to installment contracts, meaning that the buyer does not have the same level of protection as with other contracts. In an installment contract, the buyer can only reject for a material defect in any installment.
This means that the buyer cannot reject for minor defects or late delivery, as stated in options a) and b). Additionally, the buyer cannot reject for a minor defect in the final installment, as stated in option d). Only a material defect in any installment allows the buyer to reject the contract.
According to the UCC, the buyer may reject an installment only if there is a c) A material defect in any installment. A material defect is one that significantly affects the value of the goods or impairs their use, as opposed to a minor defect that would not warrant rejection of the installment.
